Whether you‎'‎re a member of the investment committee of an endowment fund‎-‎-for a college‎,‎ hospital‎,‎ or local civic group‎-‎-or a member of the investment committee of a pension fund or foundation‎,‎ the bottom line is that you‎'‎ve been entrusted with making investment decisions that‎,‎ within an acceptable level of risk‎,‎ should maximize the long‎-term growth of income for your fund and organization‎.‎ With over thirty years of hands‎-on experience and proven success in the financial field‎,‎ author Russell Olson‎-‎-the former director of pension investments worldwide for Eastman Kodak‎-‎-understands the many fiduciary responsibilities of those who sit on the investment committees of endowment funds‎,‎ foundations‎,‎ and pension funds‎.‎ In The Handbook for Investment Committee Members‎,‎ Olson shares his extensive knowledge of this subject so that you can learn how to fully meet the demands of this important job‎.‎ Filled with in‎-depth insights and practical advice‎,‎ The Handbook for Investment Committee Members will help you to understand information presented at committee meetings‎,‎ ask meaningful and productive questions‎,‎ evaluate the responses received‎,‎ and vote on recommendations knowledgeably‎.‎ Using the tools and techniques described‎,‎ you‎'‎ll be prepared to make even the toughest decisions with confidence‎.‎ The Handbook for Investment Committee Members offers clear‎,‎ accessible guidance for both sophisticated investors and relative newcomers‎.‎ It breaks down and discusses some of the most critical issues in this field‎,‎ including‎:‎ The proper functioning of investment committees and the drafting of investment policies Creating a portfolio of asset classes and understanding the elements of risk‎,‎ return‎,‎ and correlation Selecting and monitoring investment managers or mutual funds that actually invest your assets Evaluating the investment organization of an endowment fund‎,‎ foundation‎,‎ or pension fund The structure of an endowment fund‎,‎ the handling of restricted money in the fund‎,‎ and the importance of using the imputed income method to calculate annual payments to the fund‎'‎s sponsor The similarities and differences in managing an endowment fund‎,‎ foundation‎,‎ and pension fund Today‎,‎ the responsibilities of investment committee members are tremendous‎.‎ If you‎'‎re currently in this position or planning on being there soon‎,‎ pick up The Handbook for Investment Committee Members and find out how you can make prudent investments for your organization‎.‎